The EU will support farmers in Romania, Bulgaria and Poland with money due to the influx of Ukrainian grain

Source:  UkrAgroConsult
евро

The European Union will replenish crisis reserves to support the local agricultural sector in three eastern countries that are facing an influx of Ukrainian crops, which negatively affects prices in these countries. This is reported by Bloomberg.

According to the European Commissioner for Agriculture Janusz Wojciechowski, the European Commission will provide 56 million euros to Romania, Bulgaria and Poland.

The publication explained that last year, Ukraine’s three main Black Sea ports reopened for grain exports, but maritime trade remains slower than in previous years. As a result, carriers of Ukrainian products are forced to continue transporting crops through neighboring EU countries.

“This is support for countries where farmers have suffered from increased imports from Ukraine. We are seeing an increase in supply, a huge increase in imports for the border countries,” he said.

The decision was made for Bulgaria and Poland because the combination of their own production and imports from Ukraine exceeded the five-year average before Russia’s full-scale war in Ukraine. Romania was added because it is a hub country for the so-called “solidarity lanes”.

Romania will receive 10 million euros, Bulgaria about 17 million euros, and Poland 30 million euros. This amount can be doubled by co-financing from the budgets of EU member states.

Tags: , , , , , ,

Got additional questions?
We will be happy to assist!